Salem, OR — Governor Tina Kotek has signed House Bill 2081 into law, making Oregon a national leader in protecting the retirement security of public employees. The historic legislation, championed by Oregon State Treasurer Elizabeth Steiner and supported by a bipartisan coalition of lawmakers, ensures that pension investments for teachers, firefighters, police officers, and other public servants account for climate-related financial risks.
“Today marks a victory for every hardworking Oregonian who has dedicated their career to public service,” said Kyle Herrig, Spokesperson for Unlocking America’s Future. “Governor Kotek’s signature on this legislation demonstrates real leadership in protecting the financial futures of our teachers, first responders, and public servants. We commend Treasurer Steiner’s leadership in this landmark legislation. Oregon families can now rest assured that their retirement savings will be there when they need it”
Why Responsible Investing Matters for Oregon’s Economy:
- Lower Costs for Families: Responsible investments often prioritize long-term sustainability that reduces costs over time, from energy-efficient infrastructure to climate-resilient development.
- Increased Competitiveness: Many companies headquartered or operating in Oregon already incorporate responsible investing factors to remain competitive globally and attract investment capital.
- Job Creation: The transition to sustainable technologies creates new, high-paying jobs in renewable energy, water conservation, and other future-focused industries critical to Oregon’s growth.
- Risk Management: Considering environmental and social factors helps investors avoid costly risks, protecting retirement savings for public employees and state investments.
To speak with a business leader or UAF spokesperson about this legislation, please email us at press@unlockingamericasfuture.org.
